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Principal Consultant - Community Banking Compliance
Principal Consultant - Community Banking ComplianceCapco • New York, NY, US
Principal Consultant - Community Banking Compliance

Principal Consultant - Community Banking Compliance

Capco • New York, NY, US
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Principal Consultant - Community Banking Compliance

Capco is a global business and technology consultancy, focused on the financial services sector. We are passionate about helping our clients succeed in an ever-changing industry.

Working in Compliance Advisory at Capco extends well beyond a traditional consulting role we focus on developing talent within a supportive environment while simultaneously challenging tomorrow's leaders to partner with our clients and shape their future in financial services. At Capco, we deliver expertise and innovative solutions that enable clients to shape market-leading strategies. Our experience across the ecosystem of banking and non-bank segments, products, customer experiences, and infrastructure has strengthened our reputation for providing expert and innovative industry insights. We partner with banks, credit unions, FinTechs and other non-bank financial institutions applying expertise in areas such as lending, deposits, account servicing, anti-financial crime, online banking, risk identification & management, and payments.

The team offers clients the support and guidance they need to compete in an industry that continues to experience rapid modernization and change. Whether our clients are seeking enhanced operational performance, reduced risk, accelerated change, or transformed customer experience, our goal is to help them emerge as industry leaders and meet or exceed their business goals.

As a Principal Consultant on the Compliance Advisory team, you will work in a fast-paced team setting, alongside industry experts. You will become an expert in advising clients on consumer compliance, anti-financial crime, operations, technical solutions and new business process changes. You will leverage your regulatory expertise, skill sets and consulting experience to better understand how to help advance our clients' progress towards meeting their evolving needs.

What You'll Get to Do :

  • Provide end-to-end oversight for the delivery of a wide range of consumer compliance and anti-financial crime initiatives
  • Provide insights to clients as a subject-matter-expert on compliance, operational and information system issues
  • Present objective information, clearly and firmly, to client groups that may oppose some of your observations
  • Suggest enhancements to existing frameworks, approaches and solutions that effectively and efficiently address Capco-internal opportunities and challenges such as those related to tools and client delivery
  • Develop and describe comprehensive, forward-thinking solutions to clients' ad hoc issues
  • Synthesize regulatory changes and industry trends into clearly articulated and tailored advice
  • Produce high quality written reports suitable for clients' boards of directors or sub-committees of the Board
  • Proactively engage with clients and Capco leadership in regularly scheduled strategy & planning discussions
  • Cultivate and manage a pipeline of work with clients
  • Act as a key leader to clients and colleagues
  • Lead and mentor others to grow in their careers
  • Promote Capco's service offerings to existing and new clients in specific geographies and disciplines

What You'll Bring with You :

  • 8+ years of compliance / banking experience in banking and / or lending operations with a bank, credit union, mortgage company, FinTech, and / or regulatory agency
  • 4+ years of experience in a mid or high-level leadership role
  • Management experience is required
  • Consulting experience, or advising business area(s) within a financial institution, is required
  • Compliance expertise in one or more of the following : closed- & open-end credit, loan servicing, residential & commercial flood insurance, deposit operations, loan & deposit account advertising, retail bank operations, anti-financial crime, collections and / or fair lending
  • A thorough understanding of complex consumer compliance regulations including, but not limited to FCRA, FACTA, FDCPA, SCRA, GLBA, ECOA, Privacy, TILA, TISA, EFTA, CRA, RESPA, BSA / AML / OFAC, Fair Lending, FHA, Dodd-Frank, FDPA, and MLA
  • Demonstrated experience working with business and compliance stakeholders
  • Demonstrated project management / prioritization abilities
  • Ability to effectively manage team members to ensure the completion of project deliverables that exceed client expectations
  • Ability to effectively multi-task and manage multiple engagements at any given time
  • Awareness of potential project and / or client delays, and willingness to escalate such issues
  • Self-starter with strong desire to be part of and contribute to a growth story
  • Outstanding ability to analyze issues and communicate effectively and confidently (both oral and written)
  • Advanced writing skills
  • Strong ability to work well in and lead teams composed of people with varying levels of expertise
  • Openness to an environment of active developmental feedback from both leadership and peers
  • Intermediate MS Word and Excel skills
  • Bachelor's degree, or equivalent career experience, required
  • MBA or advanced degree is a plus, but not required
  • Why Capco?

    A career at Capco is a chance to help reshape the competitive landscape at financial institutions. We launch new financial institutions, transform existing ones, and help our clients navigate complex change. As consultants, we work with clients on end-to-end strategies and solutions to implement enhancements and changes.

    Capco is the largest Financial Services focused consultancy in the world, serving everyone from global banks to emerging FinTechs, from strategy through digital transformation, design, business consulting, and data & analytics.

    Capco is a young and growing firm. We maintain an entrepreneurial spirit and growth mindset, with minimal bureaucracy. We have no internal silos that get in the way of your career opportunities or ability to focus on our clients and make a difference to the business. We offer the opportunity for everyone to learn rapidly and take on tough challenges. We take pride in our creative, collaborative, diverse, and inclusive culture, where everyone can be themselves.

    We offer highly competitive compensation, as well as benefits including medical, dental and vision insurance, a 401(k) plan, tuition reimbursement, and a work culture focused on innovation and creation of lasting value for our clients and employees.

    Ready to take the Next Step

    If this sounds like you, we would love to hear from you. This is an opportunity to make a difference and contribute to a highly successful company with a significant growth trajectory.

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    Principal Consultant • New York, NY, US

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